CMA Comerica PE ratio, current and historical analysis
The PE ratio for Comerica stock stands at 16.23 as of Feb 21, 2025. This results from the current EPS of $4.03 and stock price of $65.42. An increase of 42% has been seen in the P/E ratio compared to the average of 11.4 of the last 4 quarters.
CMA PE ratio history
Over the last ten years, the average PE ratio of Comerica has been 12.45. The current 16.23 PE ratio is 30% above the historical average. Over the past ten years, CMA's PE ratio was at its highest in the Dec 2016 quarter at 24.86, with a price of $68.11 and an EPS of $2.74. The Jun 2023 quarter recorded the bottom point at 4.39, with a price of $42.36 and an EPS of $9.66.
Comerica PE ratio by year
Maximum annual increase: 80.09% in 2020
Maximum annual decrease: -73.94% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 8.63 | 10.5% | $55.81 | $6.47 |
| 2022 | 7.81 | -24.17% | $66.85 | $8.56 |
| 2021 | 10.3 | -36.38% | $87 | $8.45 |
| 2020 | 16.19 | 80.09% | $55.86 | $3.45 |
| 2019 | 8.99 | -4.36% | $71.75 | $7.98 |
| 2018 | 9.4 | -54.19% | $68.69 | $7.31 |
| 2017 | 20.52 | -17.46% | $86.81 | $4.23 |
| 2016 | 24.86 | 74.09% | $68.11 | $2.74 |
| 2015 | 14.28 | 0% | $41.83 | $2.93 |
| 2014 | 14.28 | -12.29% | $46.84 | $3.28 |
| 2013 | 16.28 | 43.82% | $47.54 | $2.92 |
| 2012 | 11.32 | -7.44% | $30.34 | $2.68 |
| 2011 | 12.23 | -73.94% | $25.8 | $2.11 |
| 2010 | 46.93 | N/A | $42.24 | $0.9 |
| 2009 | N/A | N/A | $29.57 | -$0.79 |
Comerica PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 14.87 | 32.3% | $59.91 | $4.03 |
| Jun 2024 | 11.24 | 3.4% | $51.04 | $4.54 |
| Mar 2024 | 10.87 | 25.96% | $54.99 | $5.06 |
| Dec 2023 | 8.63 | 84.4% | $55.81 | $6.47 |
| Sep 2023 | 4.68 | 6.61% | $41.55 | $8.88 |
| Jun 2023 | 4.39 | -3.09% | $42.36 | $9.66 |
| Mar 2023 | 4.53 | -42% | $43.42 | $9.58 |
| Dec 2022 | 7.81 | -15.84% | $66.85 | $8.56 |
| Sep 2022 | 9.28 | -12.12% | $71.1 | $7.66 |
| Jun 2022 | 10.56 | -14.08% | $73.38 | $6.95 |
| Mar 2022 | 12.29 | 19.32% | $90.43 | $7.36 |
| Dec 2021 | 10.3 | 5.86% | $87 | $8.45 |
| Sep 2021 | 9.73 | 6.92% | $80.5 | $8.27 |
| Jun 2021 | 9.1 | -19.61% | $71.34 | $7.84 |
| Mar 2021 | 11.32 | -30.08% | $71.74 | $6.34 |
CMA average PE ratio chart
CMA's current P/E ratio is above the 3, 5 and 10-year historical averages.
CMA PE vs peers
CMA's PE ratio is lower than its peer stocks KEY and WSBC, but it is greater than JPM's and BAC's. Comerica's current PE ratio of 16.23 is above the average of its peers, which is 14.65.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HBAN Huntington Bancshares Inc | 13.02 | $23.48B |
| RF Regions Financial Corp | 13.21 | $21.26B |
| JPM Jpmorgan Chase & Co | 13.35 | $738.84B |
| PNC Pnc Financial Services Group Inc | 13.67 | $74.42B |
| ONB Old National Bancorp | 13.88 | $7.48B |
| CFR Cullen/Frost Bankers Inc | 15.81 | $9.02B |
| WFC Wells Fargo & Company | 15.88 | $258.04B |
| BAC Bank Of America Corp | 16.12 | $343.82B |
| CMA Comerica Inc | 16.23 | $8.6B |
| WSBC Wesbanco Inc | 16.94 | $2.37B |
| KEY Keycorp | 1,693 | $16.78B |
Frequently asked questions
What is Comerica's PE ratio?
As of Feb 21, 2025, CMA stock has a price to earnings ratio of 16.23.
What is the 3-year average PE ratio for Comerica (CMA)?
As an average over the last 3 years, CMA stock has a PE ratio of 9.01.
What is the 5-year average PE ratio for Comerica (CMA)?
As an average over the last 5 years, CMA stock has a PE ratio of 9.48.
What is the highest PE ratio for CMA?
Over the last ten years, the quarterly PE ratio reached a historic high of 24.86 in the Dec 2016 quarter.
How does the current PE ratio for CMA compare to its historical average?
CMA's price to earnings ratio is currently 30% above its 10-year historical average.
How is CMA's PE ratio calculated (Comerica PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Comerica's stock price is $65.42. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.03. Therefore, Comerica's P/E ratio for today is 16.23. PE RATIO(16.23) = STOCK PRICE($65.42) / TTM EPS($4.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.